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"Green Mountain Power lobbyist Todd Bailey, told lawmakers. To retroactively require all wind developers to pay for that kind of monitoring is unnecessary and unfair, renewable energy advocates argued. They got their message to Bray and other senators in a hurry. The Senate voted 18-8 to strike sound monitoring from the bill."
According Green Mountain Power Corp most recent financial report filed with FERC page 119 has in excess of $60 million in total retained earnings. In addition to representing GMPC Mr Bailey also represents Spanish owned conglomerate Iberdola which is proposing a Mega Industrial Wind project in Grafton, Vermont. Iberdola has received $2.2 billion dollars in US tax payer funded subsidies between 2009-2014. Iberdola is one of the world’s richest holding companies. Tax payer subsidies are driving the Gold Rush for Industrial Wind in Vermont. Billionaire investor Warren Buffet, whose Berkshire Hathaway had collected $1.3 BILLION DOLLARS in corporate welfare since 2009 told his shareholders, “I will do anything that is basically covered by the law to reduce Berkshire’s tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” Follow the money.